Peloton Interactive (NASDAQ:PTON) Issues Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Peloton Interactive (NASDAQ:PTON) issued its earnings results on Thursday. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.04), Zacks reports. Peloton Interactive updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Peloton Interactive Stock Up 11.9 %

Peloton Interactive stock traded up $0.90 during midday trading on Thursday, reaching $8.48. The stock had a trading volume of 44,558,970 shares, compared to its average volume of 12,280,441. Peloton Interactive has a 52-week low of $2.70 and a 52-week high of $10.90. The company has a fifty day moving average of $8.99 and a 200 day moving average of $6.59. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of -7.92 and a beta of 1.95.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Truist Financial boosted their target price on shares of Peloton Interactive from $6.00 to $10.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Morgan Stanley raised their price objective on Peloton Interactive from $3.50 to $5.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Robert W. Baird boosted their target price on Peloton Interactive from $4.75 to $8.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Bank of America raised Peloton Interactive from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $3.75 to $9.00 in a research note on Monday, November 4th. Finally, Macquarie increased their target price on Peloton Interactive from $4.90 to $9.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Sixteen equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Peloton Interactive presently has a consensus rating of “Hold” and a consensus target price of $7.10.

Insider Activity

In other Peloton Interactive news, CEO Karen Boone sold 16,925 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $9.64, for a total value of $163,157.00. Following the completion of the sale, the chief executive officer now directly owns 228,217 shares of the company’s stock, valued at $2,200,011.88. The trade was a 6.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elizabeth F. Coddington sold 186,462 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $7.58, for a total transaction of $1,413,381.96. Following the transaction, the chief financial officer now directly owns 223,017 shares in the company, valued at approximately $1,690,468.86. This trade represents a 45.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 395,813 shares of company stock valued at $3,041,724. 1.34% of the stock is currently owned by insiders.

Peloton Interactive Company Profile

Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.